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Which statement best explains Employees' Pension Scheme, 1995?

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Question ID #27309 UPSC UPSC EPFO APFC 2026 Mock Test Series UPSC EPFO APFC 2026 Full-Length Mock Test 8 Medium

Which statement best explains Employees' Pension Scheme, 1995?

Correct Answer: A. Scheme providing pension benefits to eligible members and beneficiaries
Employees' Pension Scheme, 1995: Scheme providing pension benefits to eligible members and beneficiaries

Question: Which statement best explains Employees' Pension Scheme, 1995?

A. Scheme providing pension benefits to eligible members and beneficiaries

B. Member declaration identifying person or persons entitled to receive specified benefits on death

C. Insurance scheme linked to EPF membership

D. Social insurance system providing specified medical and cash benefits to covered employees

Correct Answer: A. Scheme providing pension benefits to eligible members and beneficiariesEmployees' Pension Scheme, 1995: Scheme providing pension benefits to eligible members and beneficiaries

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Which statement best explains Employees' Pension Scheme, 1995? - MCQ Explanation

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Correct answer: A. Scheme providing pension benefits to eligible members and beneficiaries